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$1,125,000
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Property Description
Direct Waterfront Building Lot in Masons Island Private Association. Rare opportunity to purchase the only direct waterfront building lot currently available on The Island. Located within the Masons Island Private Association at the coveted southern end of the island, this .55 acre approved parcel offers approximately 250 feet of direct waterfront on Mystic River / Mystic Harbor, positioned at the entrance to the river with sweeping water views and a premier coastal setting. The property is fully approved and ready for development, including approved house plans for a 2,963 sq ft, three-bedroom residence, approved dock plans for a 33' Fixed Pier, 19' Gangway and 16' Float and, 305 feet of approved seawall/retaining wall plans. Water depth is approximately 3' at Mean Low Tide (MLT). An A-2 survey, architectural renderings, approvals, and prior perc test results are available for review-significantly reducing permitting timelines and offering a clear path to build. Surrounded by an enclave of fine homes, this magical island setting provides exceptional privacy, natural beauty, and close proximity to Mystic's renowned dining, shopping, marinas, and cultural attractions. Optional membership to the MI Yacht Club may be available; initiation and acceptance are not guaranteed. A truly exceptional and irreplaceable waterfront offering-build new in one of southeastern Connecticut's most exclusive and tightly held coastal communities, where opportunities like this are seldom available.
Full Property Details
Full Property Details for 28 Money Point Rd
General
- Sold For: $1,125,000
- Taxes: (July 2025-June 2026)
- Status: Closed
- Type: Land Residential
- Source: SMARTMLS
- MLS ID: 24145796
- Added to Site: 149 day(s) ago
Location
- County: New London
- Neighborhood: Masons Island
- Driving Directions: Masons Island road to Causeway, bear left thru gate, Right turn to Money Point, lot on right towards end of the Rd.
- Total Lots Available: 1
School Information
- Elementary School: Per Board of Ed
- High School: Per Board of Ed
Community
- Community Name: Masons Island
- Gated community: Yes
Utilities
- Sewer: Septic Required
- Water: Public Water Connected
- Utility Description: Cable, Electric, Telephone
Structural Information
- Description/Design: Gated Community
Lot Features
- Lot Size (Acres): 0.52
- Frontage: Private Road, Paved Road
- Frontage Feet: 341
- Land Improvements: Approved Building Lot, Lot Staked
- Zoning: RA-20
- Lot Description: Sloping Lot, Water View
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Pond, Beach, Water Community, Association Optional, Access
Financial Considerations
- Assessment Amount: $360,500
- Tax Year: July 2025-June 2026
Disclosures and Reports
- Documents Avail.: Zoning Approval
- Flood Zone: Yes
- Property ID: 2075991
Listed by William Pitt Sotheby's Int'l, Judith Caracausa
Sold by Switz Real Estate Associates, Thomas Switz
Get Pre-Approved Today
Schools
Schools serving 28 Money Point Rd
School District:Stonington School District
| Name | Grades | Distance |
|---|---|---|
Deans Mill School 35 Deans Mill Road, Stonington, CT 06378 | K-5 | 3.3 mi |
Stonington Middle School 204 Mistuxet Avenue, Stonington, CT 06355 | 6-8 | 2.4 mi |
Stonington High School 176 South Broad St., Stonington, CT 06379 | 9-12 | 6.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 28 Money Point Rd
Date
Details
Price
Change
Source
6/02/2026
Sold
$1,125,000
-4.26%
MLS
1/05/2026
Listed
$1,175,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
28 Money Point Road, Stonington, CT 06355 (MLS# 24145796) is a Land Residential property that was sold at $1,125,000 on June 02, 2026. Want to learn more about 28 Money Point Road? Do you have questions about finding other Land Residential real estate for sale in Masons Island? You can browse all Masons Island real estate or contact a Coldwell Banker agent to request more information.

